Business

Finance Minister Muhammad Aurangzeb says the government has made strong progress on the economic front during last one and half year. He was addressing a ceremony in Islamabad today. Highlighting the improvement in local business environment, he said the small and medium enterprises debts have increased forty-one percent and the…

Islamabad: PepsiCo Pakistan convened the Misal-e-Basti Policy Dialogue, a closed-door high-level roundtable titled Advancing Water Stewardship through Model Communities, with its strategic partner Sustainable Development Policy Institute (SDPI). The dialogue earned widespread institutional backing, bringing together senior leadership from the federal government, development institutions, diplomatic community, privatesector, academia, and policy…

Jahanzeb Khan, President & CEO of easypaisa digital bank, emphasized the importance of customer trust, robust security, and innovation-driven product design during his participation at the GSMA Digital Nation Summit in Islamabad on Thursday. Speaking at a fireside chat titled “From Cybersecurity to Digital Payments – Ensuring Trust in a…

The Pakistan Stock Exchange (PSX) continued its bullish momentum on the fourth trading day of the week, with the benchmark KSE-100 Index reaching a new all-time high. During Thursday’s trading session, the index surged by over 900 points, climbing to an unprecedented level of 146,081 points — the highest in…

Prime Minister Shehbaz Sharif has expressed satisfaction over the bullish trend in Pakistan Stock Exchange as the hundred index crossed one hundred and forty-five thousand points. In a statement on Wednesday, he said the boom in business in the stock exchange is a reflection of investors’ confidence in government policies.                                            …

Minister of State for Finance Bilal Azhar Kayani says Pakistan foreign exchange reserves have exceeded twenty billion dollars.  Addressing an event in Islamabad today (Thursday), he said the State Bank of Pakistan currently holds foreign exchange reserves of 15 billion dollars while commercial banks hold 5.5 billion dollars. The Minister…

ZNC Solar and Soluna – World re-owned lithium-Ion battery Manufacturer united at the “Powering the Future” event, marking a defining moment in ZNC Solar clean energy journey. On his first visit to Pakistan, George Guo, CEO – Soluna, accompanied by Penny Gao, Sales & Marketing Director, unveiled Soluna’s new IP65…

China’s Xinning Enterprise has signed a Letter of Intent with Gwadar Port Authority major industrial and commercial investments at Gwadar Port and its Free Zone.   The Letter was signed by Yi Jiang, representing Xinning Enterprise and received by Umer Zaffar Shaikh, Additional Secretary of the Ministry of Maritime Affairs on…

Minister for Planning and Development Ahsan Iqbal has reaffirmed Pakistan’s interest in partnering with Chinese firms to develop electric vehicle sector. Talking to media in Beijing, he highlighted electric vehicles as a key area of future cooperation between Pakistan and China.   The Minister emphasized Pakistan’s desire to benefit from…

Pakistan and the United Arab Emirates have decided to establish Pakistan Mart in Dubai to enhance global footprint of Pakistani export products.  The initiative is spearheaded by National Logistics Corporation of Pakistan and DP World company of UAE. Talking to newsmen about the project, Minister for Commerce Jam Kamal Khan…

Prime Minister Shehbaz Sharif has directed authorities to ease access to soft loans for small and medium-scale farmers. Chairing a meeting in Islamabad today on facilitating agricultural loans, he emphasized that farmers with small landholdings must be treated with respect and dignity to boost agricultural productivity. The Prime Minister noted…

Prime Minister Shehbaz Sharif has expressed satisfaction over the increase in the tax-to-GDP ratio resulting from reforms in the Federal Board of Revenue. Chairing a weekly review meeting on proposed reforms in the FBR in Islamabad today (Tuesday), Shehbaz Sharif reaffirmed that he, along with the federal government, will fully…

Pakistan and Iran have set a target of boosting their bilateral trade to ten billion dollars at the earliest. Addressing a joint press stakeout in Islamabad on Sunday, along with Iranian President Dr Masoud Pezeshkian, Prime Minister Shehbaz Sharif said both countries signed a number of MoUs to transform them…

Pakistan and Kyrgyzstan have agreed to enhance cooperation in Crypto and Blockchain. This came at a high level video conference between Minister of State for Crypto and Blockcain Bilal Bin Saqib and Kyrgyz Director of National Investment Agency  Farkhat Iminov. Bilal Bin Saqib said Kyrgyzstan holds special significance for collaboration…

The first-ever Mango Festival, organized by Foreign Affairs’ Liaison Office Karachi, was held in Karachi today. The Mango Festival was organized with the partnership of a local hotel, All Pakistan Fruit and Vegetable Exporters and Importers Association. Diplomats, business leaders and agriculture experts came together to showcase Pakistan’s mangoes as…

Pakistan says tariff agreement with the US has opened new avenues for Pakistani exports. Announcing the successful conclusion of tariff-related discussions with the United States, a statement released by the Finance Ministry today stated that a tariff of nineteen percent will be applicable for Pakistani exports to the U.S. market.…

Mishal Pakistan, the Country Partner Institute of the World Economic Forum (WEF) — has formally requested the Chairman Senate, Senator Syed Yousaf Raza Gillani, to initi-ate a high-level inquiry into alleged conflict of interest involving Senator Saifullah Abro that could further undermine foreign investor confidence and damage Pakistan’s rankings in…

Minister for National Food Security and Research Rana Tanveer Hussain has dispelled the impression regarding the shortage of sugar and said sufficient stock of sugar is available in the country. Addressing a news conference in Islamabad on Thursday, he said the government will strictly enforce the newly fixed price of…

The Chinese business and investment delegation has met with the Chairman Prime Minister’s Youth Programme to explore investment opportunities in Pakistan.A high-level five-member Chinese business delegation from the All-China Federation of Industry and Commerce (ACFIC) and Precise Development (HK) Limited, China, is currently on a visit to Pakistan to explore…

Pakistan and the United States finalized a trade agreement aimed at boosting bilateral trade, expanding market access, attracting investment and fostering cooperation in areas of mutual interest. The breakthrough was reached during a meeting Finance Minister, Muhammad Aurangzeb, with U.S. Secretary of Commerce Howard Lutnick and United States Trade Representative…

A high-level meeting on insulin imports and joint ventures with Russia was held in Islamabad today with Special Assistant to the Prime Minister Haroon Akhtar Khan in the chair. The meeting was attended by Mr. Denis Nazarov, Representative of the Russian Government, senior officials from the Ministry of Industries and…